The Asia Pacific natural gas market: Large enough for all?

Among natural gas producing nations, there has been some concern about how the Asia Pacific will meet future demand for energy. We argue that natural gas, both regional and global, will play a vital role. Estimates of potential gas consumption in the region are analyzed and used to develop consensus...

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Main Authors: Aguilera, R., Inchauspe, Julian, Ripple, Ronald
Format: Journal Article
Published: Elsevier Science Ltd. 2014
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/23821
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author Aguilera, R.
Inchauspe, Julian
Ripple, Ronald
author_facet Aguilera, R.
Inchauspe, Julian
Ripple, Ronald
author_sort Aguilera, R.
building Curtin Institutional Repository
collection Online Access
description Among natural gas producing nations, there has been some concern about how the Asia Pacific will meet future demand for energy. We argue that natural gas, both regional and global, will play a vital role. Estimates of potential gas consumption in the region are analyzed and used to develop consensus projections to 2030. These consumption profiles are compared with gas supply estimates including indigenous, pipeline and LNG for the Asia Pacific market. From this analytical framework, we find that demand will be sufficiently large to accommodate supplies from diverse sources including North America, the Middle East, Central Asia, Russia, and the Asia Pacific itself. An important policy implication is that gas producing and consuming nations should benefit from promoting gas trade and not be concerned about a situation of potential lack of demand coupled with oversupply.
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publishDate 2014
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spelling curtin-20.500.11937-238212019-02-19T04:26:46Z The Asia Pacific natural gas market: Large enough for all? Aguilera, R. Inchauspe, Julian Ripple, Ronald Asia Pacific natural gas Supply Demand Among natural gas producing nations, there has been some concern about how the Asia Pacific will meet future demand for energy. We argue that natural gas, both regional and global, will play a vital role. Estimates of potential gas consumption in the region are analyzed and used to develop consensus projections to 2030. These consumption profiles are compared with gas supply estimates including indigenous, pipeline and LNG for the Asia Pacific market. From this analytical framework, we find that demand will be sufficiently large to accommodate supplies from diverse sources including North America, the Middle East, Central Asia, Russia, and the Asia Pacific itself. An important policy implication is that gas producing and consuming nations should benefit from promoting gas trade and not be concerned about a situation of potential lack of demand coupled with oversupply. 2014 Journal Article http://hdl.handle.net/20.500.11937/23821 10.1016/j.enpol.2013.10.014 Elsevier Science Ltd. fulltext
spellingShingle Asia Pacific natural gas
Supply
Demand
Aguilera, R.
Inchauspe, Julian
Ripple, Ronald
The Asia Pacific natural gas market: Large enough for all?
title The Asia Pacific natural gas market: Large enough for all?
title_full The Asia Pacific natural gas market: Large enough for all?
title_fullStr The Asia Pacific natural gas market: Large enough for all?
title_full_unstemmed The Asia Pacific natural gas market: Large enough for all?
title_short The Asia Pacific natural gas market: Large enough for all?
title_sort asia pacific natural gas market: large enough for all?
topic Asia Pacific natural gas
Supply
Demand
url http://hdl.handle.net/20.500.11937/23821